WILL VIETNAM TOURISM INDUSTRY BE DEVELOPMENT EARLY?

WILL VIETNAM TOURISM INDUSTRY BE DEVELOPMENT EARLY?

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On February 22, 2022, the Ministry of Finance issued Circular 12/2022/TT-BTC guiding the content and spending levels from the state budget to carry out the task of promoting, advertising and supporting tourism development. of the Tourism Development Support Fund. This is considered a positive move from the Government, showing the State's special attention to the development of the tourism industry and is the driving force to implement new policies with higher efficiency for the tourism industry. travel in the near future.

Special features in the content of the Circular can be mentioned such as: regulations aimed at balancing the interests between entities operating in the field of tourism (agencies, organizations, businesses and individuals); The central budget is guided to focus on activities of promotion, publicity and tourism development support at international, national, inter-regional, inter-local and inter-sectoral levels. In the near future, localities, businesses and employees will enjoy more direct support from the Government than before, because the state budget allocated to the Fund can be used for other purposes. support up to 50% of the budget for performing tasks proposed and chaired by organizations,  enterprises  on tourism (Note: support up to 1 activity and 1 time a year). In addition, the content of Circular 12/2022/TT-BTC also encourages the reception of famous and influential people to Vietnam and the organization of reality TV programs to promote tourism. This method is considered to have caught up with popular media trends and is capable of bringing positive effects to the tourism industry in the country.

These positive changes will make the use of the State budget for the Tourism Development Support Fund effective and economical, and at the same time a good signal for the return of Vietnam's tourism industry after the end of the year. a bleak period because of the epidemic.